Canada to build small modular nuclear reactor, first within G-7
Canada approved a $20.9 billion (US$15.1 billion) plan to build a new, smaller kind of nuclear power plant, providing a significant shot in the arm for the nascent industry.
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Canada approved a $20.9 billion (US$15.1 billion) plan to build a new, smaller kind of nuclear power plant, providing a significant shot in the arm for the nascent industry.
If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp. and Chevron Corp.
Brookfield Corp. is eyeing faster international growth in its insurance and wealth business, with a particular focus on the U.K., after that division helped propel the firm’s earnings in the first quarter.
Royal Bank of Canada’s decision to drop its sustainable finance commitment has sparked speculation that other major Canadian players could quietly walk away from their own goals on climate-related lending, underwriting and advisory work.
Waratah Capital Advisors Ltd. is betting on gold to lift its returns this year as investors pile into the asset to shelter their wealth during the global trade war.
Barrick Mining Corp. boss Mark Bristow says he has shown a willingness to cede ground in a dispute with Mali’s military junta, but won’t be waiving the company’s rights in order to restart a shuttered gold mine in the West African nation.
Long gone are the days when an imported car meant a foreign car. And no company proves the point more than General Motors Co.
Gold fell, snapping a two-day advance, after China and the U.S. confirmed upcoming trade talks, easing demand for safe havens.
Chinese traders are scouring the globe for alternative sources of rapeseed, as tensions with Canada, their top supplier, risk choking imports of a key ingredient in animal feed.
The European Union plans to hit about €100 billion (US$113 billion) in U.S. goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, according to people familiar with the matter.
BHP Group’s joint-venture partner Lundin Mining Corp. declared that the companies’ Filo del Sol project in South America to be the largest discovery of copper in three decades, based on new drilling and analysis.
Gold advanced — after its first back-to-back weekly loss this year — as investors mulled an uncertain outlook for global trade and the U.S. economy ahead of a U.S. Federal Reserve rate decision this week.
Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time when demand is challenged by the drag from the trade war.
European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of economic growth continue to cloud the outlook.
The European Union is set to propose measures to ban Russian gas imports by the end of 2027, as the bloc pushes to sever ties with the country that was once its biggest energy supplier.
Gold edged higher as the dollar weakened, but the precious metal is still set for its first back-to-back weekly loss this year, as haven appeal eased on signs of a thaw in the U.S.-China trade war.